Business

How is China’s zero-Covid policy affecting Brazil?

Issues concerning port terminals, supply chains, and demand could spell torment for Brazilian companies

Lockdown amid Covid pandemic in Shanghai
Road blockade in famous Nanjing street main shopping and tourist area leading to the Bund during the city lockdown in Shanghai. Photo: Alex Plavevski/EFE/EPA

The city of Shanghai is enduring a strict lockdown that has left many of the residents of China’s financial capital confined to their homes for a month or more, with some experiencing severe food shortages. With cases dropping over the past four days, the municipal health commission said it will allow for limited movement in districts that have basically no community spread of the coronavirus. At the same time, capital city Beijing is now on alert, meaning that the zero-Covid policy enacted by Chinese President Xi Jinping has put the world’s second-largest economy constantly on the edge of lockdown.

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